existing homes sales

A record plunge in existing-homes sales last month sent equity investors skittering toward safety Tuesday, pushing the Dow to a triple-digit loss. The Dow fell 1.3% to finish at 10,039.

The positive trend in the U.S. housing sector continues, with sales rising along with summer's temperatures. Bolstered by low-priced home and foreclosure sales, U.S. existing home sales rose 7.2 percent in July to a seasonally-adjusted annual rate to 5.24 million units, the National Association...